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Restaurant

Sonic Drive-In

5889 N 9th Ave, Pensacola, FL 32504

Listing Price: $978,000

Cap Rate
5.00%
Tenant Name
Quality Drive-In I, LLC
Years Remaining On Lease
4.0
Guarantor
Franchisee Guarantee
Rentable SF
1,376
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.53

Investment Overview

LEASE
• Long operating history at this location – Sonic has been here for about 30 years!
• NNN – No landlord responsibilities
• No option periods remaining
• Strong corporate guarantee
• Significantly below market rent for a quick service restaurant at $48,893 / annually

LOCATION
• Easy access to store going northbound and southbound on N 9th Ave
• Located near Pensacola International Airport which served over 3 million passengers in 2024
• Strong traffic counts – 27,500 vehicles per day on N 9th Ave
• Surrounded by national tenants such as Taco Bell, Wendy’s, Ulta Beauty, Sam’s Club, Lowe’s, Starbucks, Whataburger, Total Wine, Five Guys, and more!
• Incredible Demographics – Population: 5,063 (one-mile) | 65,733 (three-mile) | 131,768 (five-mile)
• Located across the street from Pensacola State College

SONIC / QUALITY RESTAURANT GROUP
• Sonic has over 3,400 locations across 47 states and 10,000+ employees
• Sonic is one of the nation's largest drive-in fast food chain, serving nearly 3 million customers daily
• Backed by parent company, Inspire Brands, which operates over 32,000 restaurants globally across 7 major foodservice brands.

Investment Highlights

  • Lease: Long operating history at this location, Sonic has been here for about 30 years! - NNN, No landlord responsibilities - No option periods remaining - Strong corporate guarantee
  • Location: Easy access to store going northbound and southbound on N 9th Ave - Located near Pensacola International Airport- Strong traffic counts - Surrounded by national tenants
  • Sonic: Sonic has 3,400+ locations across 47 states and 10,000+ employees - Sonic is one of the nation's largest drive-in fast food chain, serving nearly 3 million customers daily

Exclusively Listed By

Financing By

Restaurant

Sonic Drive-In

Listing Price: $978,000

Cap Rate
5.00%
Tenant Name
Quality Drive-In I, LLC
Years Remaining On Lease
4.0
Guarantor
Franchisee Guarantee
Rentable SF
1,376
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.53

Investment Highlights

  • Lease: Long operating history at this location, Sonic has been here for about 30 years! - NNN, No landlord responsibilities - No option periods remaining - Strong corporate guarantee
  • Location: Easy access to store going northbound and southbound on N 9th Ave - Located near Pensacola International Airport- Strong traffic counts - Surrounded by national tenants
  • Sonic: Sonic has 3,400+ locations across 47 states and 10,000+ employees - Sonic is one of the nation's largest drive-in fast food chain, serving nearly 3 million customers daily

Investment Overview

LEASE • Long operating history at this location – Sonic has been here for about 30 years! • NNN – No landlord responsibilities • No option periods remaining • Strong corporate guarantee • Significantly below market rent for a quick service restaurant at $48,893 / annually LOCATION • Easy access to store going northbound and southbound on N 9th Ave • Located near Pensacola International Airport which served over 3 million passengers in 2024 • Strong traffic counts – 27,500 vehicles per day on N 9th Ave • Surrounded by national tenants such as Taco Bell, Wendy’s, Ulta Beauty, Sam’s Club, Lowe’s, Starbucks, Whataburger, Total Wine, Five Guys, and more! • Incredible Demographics – Population: 5,063 (one-mile) | 65,733 (three-mile) | 131,768 (five-mile) • Located across the street from Pensacola State College SONIC / QUALITY RESTAURANT GROUP • Sonic has over 3,400 locations across 47 states and 10,000+ employees • Sonic is one of the nation's largest drive-in fast food chain, serving nearly 3 million customers daily • Backed by parent company, Inspire Brands, which operates over 32,000 restaurants globally across 7 major foodservice brands.

Exclusively Listed By

Financing By

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